3Com Secures Export Licenses for JV with Huawei
3Com has received the necessary US and UK export license approvals to license and share its technologies developed in the ...
Tag: Financial
Tellabs Cites Progress on Path to Profitable Growth
Tellabs reported Q2 revenues of $234 million, up 5% over the previous quarter. There was a net loss of $111 ...
Luminous Appoints Former Marconi Exec to Head Operations in China
Luminous Networks appointed Yudan Jin as general manager and president of Luminous China. Jin previously served as president of Marconi, ...
DSL.net Closes $30 Million for Continued Network Rollout
DSL.net, a broadband service provider, closed $30 million in new financing led by Deutsche Bank. VantagePoint Venture Partners, one of ...
Riverstone to Restate 2002 & 2003 Financial, Trading Halted
Riverstone Networks will restate its financial statements for the fiscal year ended March 2, 2002, and the first three quarters ...
Nortel to Acquire 100% Interest of its Operations in France, Germany
Nortel Networks and EADS will reorganize their joint telecommunications activities in France and Germany to concentrate each company's ownership in ...
Extreme Networks Posts Quarterly Revenue of $87.3 Million
Extreme Networks reported quarterly revenue $87.3 million, an increase from $85.2 million in the prior quarter. The company recorded a ...
BT Chairman Hails Financial Transformation
Addressing shareholders at its annual general meeting in London, Sir Christopher Bland, BT's chairman said the company has undergone a ...
Marconi Cites Tough market for Reduced Sales
Citing tough market conditions and generally weaker demand, Marconi reported group sales of £367 million for the three months ending ...
CWA Members Threaten Strike if Verizon Contract Talks Falter
Members of the Communications Workers of America working at Verizon Communications voted overwhelmingly to give CWA leaders authorization to call ...
Broadwing Communications Hires Founder of Vyvx
Broadwing Communications hired Delwin L. Bothof as a strategic consultant to help the company expand its video distribution business with ...
UTStarcom Reports Q2 Sales of $406 Million, up 23% Sequentially
UTStarcom reported Q2 net sales of $405.8 million, a sequential increase of 23% over the $330.5 million in net sales ...
PMC-Sierra Reports Q2 Revenue of $60.4 Million
PMC-Sierra reported Q2 revenue of $60.4 million compared to $55.4 million in the first quarter of 2003 and $54.5 million ...
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